Kawasaki Heavy Industries (OTCMKTS:KWHIY) Sees Unusually-High Trading Volume – Should You Buy?

Kawasaki Heavy Industries Ltd. (OTCMKTS:KWHIY – Get Free Report) shares saw strong trading volume on Thursday. 305,810 shares changed hands during trading, an increase of 9% from the previous session’s volume of 279,577 shares. The stock last traded at $6.00 and had previously closed at $6.1050.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein initiated coverage on shares of Kawasaki Heavy Industries in a research note on Tuesday, September 15th. They issued a “hold” rating for the company. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Get Kawasaki Heavy Industries alerts:

Get Our Latest Stock Analysis on Kawasaki Heavy Industries

Kawasaki Heavy Industries Price Performance

The stock has a market cap of $13.30 billion, a price-to-earnings ratio of 23.33 and a beta of 0.74. The company has a quick ratio of 0.70, a current ratio of 1.16 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average is $6.53 and its 200-day moving average is $12.22.

Kawasaki Heavy Industries (OTCMKTS:KWHIY – Get Free Report) last released its quarterly earnings data on Friday, August 7th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.02). Kawasaki Heavy Industries had a net margin of 4.74% and a return on equity of 13.40%. The company had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.33 billion.

About Kawasaki Heavy Industries

(Get Free Report)

Kawasaki Heavy Industries, Ltd. is a Japanese industrial manufacturer that develops and supplies transportation equipment, machinery, infrastructure systems and other advanced industrial products. The company traces its origins to a shipyard established by Shozo Kawasaki in 1878 and was incorporated as Kawasaki Dockyard in 1896.

The company operates across several business areas, including aerospace systems, rolling stock, energy and environmental solutions, precision machinery and robotics, shipbuilding, and motorcycles and engines.

Further Reading

• Five stocks we like better than Kawasaki Heavy Industries
• MarketBeat Week in Review – 09/21 – 09/25
• Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
• Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
• Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out

Receive News & Ratings for Kawasaki Heavy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kawasaki Heavy Industries and related companies with MarketBeat.com's FREE daily email newsletter.